The vice chairperson of Taiwan’s Institute for Biotechnology and Medicine Industry revealed that the country aims to further advance its healthcare by harnessing latest technology in the Taiwan Healthcare Expo 2019 at Nangang Exhibition Hall 2, last Friday.
“We can harness technology to advance the development of healthcare,” IBMI Vice Chairperson, Pan-Chyr Yang said.
These latest technologies include AI, biotechnology, cell therapy, precision medicine, and 3D printing.
“Taiwan is known for its ICT (Information Communications Technology) industry. I know these will scale our industries higher,” said Yang, who estimated that using these technologies will create an investment of a whopping $126 billion dollars.
This projected investment have prompted several hospitals to seize the opportunity to improve healthcare. China Medical University Hospital based in Taichung, for instance, uses AI-assisted diagnosis.
“The doctor cooperates with the machine, the machine cooperates with big data, and then we come up with very smart diagnosis. These are very famous in the world not only in Taiwan,” CMUH Deputy Director of International Center, Dr. Ooi Hean said.
Despite the advanced technologies, Taiwan’s hospitals charge patients at a reasonable price to both foreigners and locals alike.
“Most of our price is reasonable even for foreigners,” CMUH Chief Secretary Interventional Cardiology, Shih-Sheng Chang said.
This year’s Taiwan Healthcare Expo has set up a total of 1,850 booths. It first started in 2015 to create opportunity for collaboration and exchange of ideas, and it has grown tremendously since then.